Settings8H · net · $10k
Funding arb · Price arb /

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin+0.029%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$970.969% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.090%+$9 on $10k
Price spread, last 7 days−0.011%−$1 · spread now +0.029%, 7d avg −0.048%
Together, before fees+0.079%+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.077% dearer against KuCoin than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AEROUSDTM0.68790.0100pay 0.0050% / 4h25m 18s$2.3M$811K50x
ShortBitget AEROUSDT0.68810.0100get 0.0050% / 4h25m 18s$4.1M$2.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.029% → −0.048%
$7.72
Slippage, 4 orders
−$72.88
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$89.16
Costs to cover
0.969%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bitget: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 5 min ago8.75 bp34.0 bp −$34326.8 bp −$3,268doesn't fitdoesn't fit
Sell Bitget live order book, 7 min ago3.65 bp12.9 bp −$1343.3 bp −$433doesn't fitdoesn't fit

AERO on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AERO/USDC PERP−0.0198%1h0.6813−0.959%$4$117K5.5xas long as short
01 Exchange AEROUSD−0.0112%1h0.6879+0.004%$186$1223xas long as short
Deribit AERO_USDC-PERPETUAL0.0000%1h0.6889+0.145%$55K$11K10xas long as short
Hyperliquid AERO+0.0100%1h0.6885+0.086%$23.3M$5.6M3xas long as short
Aster AEROUSDT+0.0100%4h0.6878−0.010%$39K$112K10xas long as short
Binance AEROUSDT+0.0100%4h0.6884+0.073%$25.4M$25.1M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6886+0.102%$22.1M$20.3M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6886+0.102%$2.3M$6.7M20xas long as short
Gate AERO_USDT+0.0100%4h0.6882+0.044%$1.6M$567K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6877−0.029%$8.1M$1.6M100xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AEROUSDTMlong+0.0100%4h0.6879long leg$2.3M$811K50x
Bitget AEROUSDTshort+0.0100%4h0.6881+0.029%$4.1M$2.3M75x
BingX AERO-USDT+0.0100%4h0.6883+0.058%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6879+0.007%$1.9M$1.7Mas long as short
Extended AERO-USD+0.0104%1h0.6886+0.103%$196K$1.3M10xas long as short
Aevo AERO-PERP+0.0104%1h0.6887+0.110%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6878−0.019%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6868−0.160%$918K$704K25xas long as short
RISEx AERO/USDC+0.0452%1h0.6882+0.049%$224K$415K3xas long as short
Backpack AERO_USDC_PERP+0.0459%1h0.6887+0.122%$105K$319K15xas long as short
GMX AERO/USD [ETH-USDC]L +0.0501% / S −0.0237%1h0.6886+0.100%$89K100xas long as short
Lighter AERO+0.0592%1h0.6889+0.145%$1.3M$519K3xas long as short
Coinbase International AERO-PERP-INTX+0.5160%1h0.6887+0.116%$92K$18K25xas long as short